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23122 Town Run Dr

Leonardtown, MD 20650

4 bd 3 ba 2,328 sqft Built 2021 Lot 10,035 sqft single_family
Most recent sale
$536,715
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2021 Sold $536,715 MLS #MDSM2002594
Oct 29, 2021 Listed $536,175 MLS #MDSM2002594

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $406,600 $106,000 $512,600 $6,204
2024 $406,600 $106,000 $512,600 $6,166
2022 $410,900 $106,000 $516,900 $6,008

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,328 sqft
Lot size
10,035 sqft
ZIP code
20650
City
Leonardtown
Street
Town Run Dr
Coordinates
38.31098, -76.62416

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,492
Gross rental yield
7.81%
Implied cap rate
5.07%
Trend-extrapolated value

Frequently asked questions

When did 23122 Town Run Dr last sell?
23122 Town Run Dr most recently sold on Dec 15, 2021 for $536,715.
What is the current tax assessment for 23122 Town Run Dr?
The most recent total assessment for 23122 Town Run Dr (year 2025) is $512,600 with $6,204 in property tax.
How does 23122 Town Run Dr's assessment compare to its last sale price?
The current assessment is 4.5% below the last sale price of $536,715.
When was 23122 Town Run Dr built?
23122 Town Run Dr was built in 2021.
How does 23122 Town Run Dr compare to others on Town Run Dr?
We track 8 other properties on Town Run Dr. Browse the list under "Other properties on Town Run Dr" to compare beds, baths, and sale history.
What are the property facts for 23122 Town Run Dr?
23122 Town Run Dr is a 4 bed, 3 bath, 2,328 sqft, 10,035 sqft lot single_family.
Is 23122 Town Run Dr a flip candidate?
No — 23122 Town Run Dr does not appear in our flips dataset.
Is 23122 Town Run Dr a tax-appeal candidate?
No — 23122 Town Run Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$482.3K
2026 Q4
$488.9K
ZIP 20650 — Median Price History + Forecast

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